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Divya deposited Rs 1000 at compound interest at the rate of 10% per annum. The amounts at the end of first year, second year, third year, ..., form an AP. Justify your answer. |
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Answer» Amount at the end of the 1st year = Rs 1100 Amount at the end of the 2nd year = Rs 1210 Amount at the end of 3rd year = Rs 1331 and so on. So, the amount (in Rs) at the end of 1st year, 2nd year, 3rd year, ... are 1100, 1210, 1331, ... Here, a2 – a1 = 110 a3 – a2 = 121 As, a2 – a1 ≠ a3 – a2 , it does not form an AP. |
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